Vardhman Acrylics Ltd.
Snapshot View

54.00 +0.65 ▲1.2%

20 May 2022, 01:36:20 PM
Volume: 16,653

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile - Manmade Fibres Compare with Industry peers
Website http://www.vardhman.com
Market Cap 435.97 Cr.
Enterprise Value(EV) 426.16 Cr. 2022-03
Financial Indicators
Earnings per share (EPS) 1.81 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 29.94 Trailing Twelve Months Ending 2022-03
Industry PE 5.13 Trailing Twelve Months Ending 2022-03
Book Value / Share 26.42 Trailing Twelve Months Ending 2022-03
Price to Book Value 2.05 Calculated using Price: 54.25
Dividend Yield 46.08 Period Ending 2021-03
No. of Shares Subscribed 8.04 Cr. 80,363,746 Shares
FaceValue 10
Company Profile

Vardhman Group ventured into the manufacture of Acrylic Fiber/Tow in 1999. The joint venture, Vardhman Acrylics (VAL) was set up together with two leading Japanese business houses namely Japan Exlan Co. a part of Toyobo Group of Japan and Marubeni Corporation Japan. Japan Exlan Co. Ltd. is a pioneer in manufacturing of Acrylic Fibre while Marubeni Corporation is trading houses in the world, with over 200 representative offices & more than 650 affiliated companies in 90 countries.

Today VAL is an important acrylic fibre producer and its state-of-the-art Wet Spun technology, highly automated and microprocessor controlled plant with distributed Controlled Systems, is one of the most sophisticated acrylic fibre plant in the world producing consistently superior quality fibre.

Vardhman is a major integrated textile producer in India. The group was set up in 1965 at Ludhiana, Northern India. Since then, the group has expanded manifold and is today, perhaps, the largest textile conglomerate in India.

The group portfolio includes manufacturing and marketing of Yarns, Fabrics, Sewing Threads, Fibre and Alloy Steel. The company has set up a 18000 TPA Acrylic Staple Fibre and tow production plant at Jhagadia, Distt. Bharuch in the state of Gujarat, India.

The world class wet spun technology for the manufacture of acrylic fiber / tow has been sourced from Japan Exlan Co. Japan. It is a state of the art, highly automated production facility making it amongst the most advanced plants of its type in the world.

VARLAN fibre has achieved a high order of recognition in Indian market for use in a very wide variety of applications like hand knitting yarns; machine knitting yarns for jerseys, sweaters etc.; sarees; dress materials; upholstery; furnishings; velvets; blankets; carpets and many more. The endeavors for developing newer and exciting applications of VARLAN fibre continue in close association with the users.

Product range of the company includes:

  • Acrylic Bright & Semi-dull Non shrinkable fibre in 1.2,1.5,2,3,5,7,10,15 deniers in a wide range of cut lenghts.
  • Acrylic Bright & Semi-dull Shrinkable fibre with different shrinkage levels in 2,3,5 deniers in a wide range of cut lengths
  • Acrylic Tow endless Bright & Semi dull in 2,3 denier.
  • Specialty acrylic fibres suitable for Open end spinning; Soft handle, Water absorbent applications etc.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.22%
1 Week
+3.65%
1 Month
-15.76%
3 Month
-1.37%
6 Month
+4.96%
1 Year
+25.87%
2 Year
+100%
5 Year
+8.11%
10 Year
+542.86%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 9.57 15.58 10.74 12.76 13.41 12.55 10.56 13.43 11.39
Return on Capital Employed (%) 14.86 21.10 14.38 19.28 18.71 15.34 14.40 13.93 15.26
Return on Assets (%) 6.62 10.35 6.83 8.03 8.03 7.29 6.17 7.85 6.96

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03* Rs. Cr.
Shh. Funds 259 301 321 318 295 319 334 355 398 212
Non Curr. Liab. 20 16 16 27 27 21 20 11 11 8
Curr. Liab. 104 143 181 152 204 193 231 227 230 82
Minority Int.
Equity & Liab. 383 461 518 498 526 532 585 594 639 302
Non Curr. Assets 93 155 182 180 81 186 122 147 113 113
Curr. Assets 290 306 336 317 445 347 463 447 527 189
Misc. Exp. not W/O
Total Assets 383 461 518 498 526 532 585 594 639 302

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. TTM
Net Sales 436 468 498 413 337 320 392 334 280 313
Other Income 8 29 16 22 25 21 25 27 15 5
Total Income 445 497 514 435 362 340 417 361 296 318
Total Expenditure -394 -426 -465 -368 -300 -288 -364 -308 -233 -294
PBIDT 50 71 50 66 62 52 53 53 63 23
Interest -1 -1 0 0 0 -1 0 0 -1 0
Depreciation -11 -11 -5 -4 -5 -5 -5 -5 -5 -5
Taxation -14 -16 -11 -21 -16 -8 -12 -2 -14 -3
Exceptional Items
PAT 24 44 33 41 41 39 34 46 43 15
Adjusted EPS 3 5 4 4 5 5 4 6 5 2

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 28 24 43 55 23 42 3 26 4 39
Cash Fr. Inv. -32 3 -44 -58 43 30 7 -8 80 -83
Cash Fr. Finan. 6 -20 -5 -1 -68 -63 -15 -20 -24 -1
Net Change 1 7 -6 -3 -2 8 -5 -2 61 -44
Cash & Cash Eqvt 5 12 6 3 1 9 4 2 63 19

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 74.97 74.97 74.97 74.97 74.97 74.97 74.97 74.97 74.97
Public 25.04 25.04 25.03 25.02 25.03 25.03 25.02 25.03 25.03
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 18 May 2022
Newspaper Advertisements
Vardhman Acrylics Limited has informed the Exchange about Newspaper Publication of financial results for the Quarter/ Year ended 31st March, 2022.
Tue, 17 May 2022
Financial Result Updates
Vardhman Acrylics Limited has submitted to the Exchange, the financial results for the period ended March 31, 2022.
Tue, 17 May 2022
Newspaper Advertisements
Vardhman Acrylics Limited has informed the Exchange about Newspaper Publication of financial results for the Quarter/ Year ended 31st March, 2022.

Technical Scans View Details

Thu, 19 May 2022
Closing Below Previous Low Closing Below Previous Low
High Decrease 1 Month High Decrease 1 Month
High Increase 2 Years High Increase 2 Years
William %R Crossed -80 From Above William %R Crossed -80 From Above
Wed, 18 May 2022
Higher Trade Quantity Higher Trade Quantity

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Page Industries Ltd. 46,811.25 42,431.00 +1.4%
Trident Ltd. 24,409.63 48.50 +1.4%
Vedant Fashions Ltd. 23,179.36 950.75 +0.5%
K.P.R. Mill Ltd. 19,847.43 579.05 +0.3%
Alok Industries Ltd. 11,196.62 22.95 +2.0%
Vardhman Textiles Ltd. 9,770.63 346.95 +2.8%
Lakshmi Machine Works Ltd. 8,993.91 8,748.95 +5.2%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Page Industries Ltd. Standalone 2021-12 101.42 42,431.00 +1.4%
Trident Ltd. Consolidated 2021-12 33.49 48.50 +1.4%
Vedant Fashions Ltd. Consolidated 2022-03 73.61 950.75 +0.5%
K.P.R. Mill Ltd. Consolidated 2022-03 23.58 579.05 +0.3%
Alok Industries Ltd. Consolidated 2022-03 0.00 22.95 +2.0%
Vardhman Textiles Ltd. Consolidated 2021-12 6.65 346.95 +2.8%
Lakshmi Machine Works Ltd. Consolidated 2022-03 49.68 8,748.95 +5.2%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Page Industries Ltd. Standalone 2021-12 39.82 42,431.00 +1.4%
Trident Ltd. Consolidated 2021-12 6.42 48.50 +1.4%
Vedant Fashions Ltd. Consolidated 2022-03 21.41 950.75 +0.5%
K.P.R. Mill Ltd. Consolidated 2022-03 6.23 579.05 +0.3%
Alok Industries Ltd. Consolidated 2022-03 -0.63 22.95 +2.0%
Vardhman Textiles Ltd. Consolidated 2021-12 1.29 346.95 +2.8%
Lakshmi Machine Works Ltd. Consolidated 2022-03 4.52 8,748.95 +5.2%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Page Industries Ltd. Standalone 2021-03 0.00 42,431.00 +1.4%
Trident Ltd. Consolidated 2021-03 0.46 48.50 +1.4%
Vedant Fashions Ltd. Consolidated 2021-03 0.00 950.75 +0.5%
K.P.R. Mill Ltd. Consolidated 2021-03 0.28 579.05 +0.3%
Alok Industries Ltd. Consolidated 2021-03 -1.37 22.95 +2.0%
Vardhman Textiles Ltd. Consolidated 2021-03 0.33 346.95 +2.8%
Lakshmi Machine Works Ltd. Consolidated 2021-03 0.00 8,748.95 +5.2%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Page Industries Ltd. Standalone 2021-03 39.96 42,431.00 +1.4%
Trident Ltd. Consolidated 2021-03 9.57 48.50 +1.4%
Vedant Fashions Ltd. Consolidated 2021-03 12.32 950.75 +0.5%
K.P.R. Mill Ltd. Consolidated 2021-03 24.44 579.05 +0.3%
Alok Industries Ltd. Consolidated 2021-03 0.00 22.95 +2.0%
Vardhman Textiles Ltd. Consolidated 2021-03 6.44 346.95 +2.8%
Lakshmi Machine Works Ltd. Consolidated 2021-03 2.59 8,748.95 +5.2%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Page Industries Ltd. Standalone 2021-03 39.96 42,431.00 +1.4%
Trident Ltd. Consolidated 2021-03 9.57 48.50 +1.4%
Vedant Fashions Ltd. Consolidated 2021-03 12.32 950.75 +0.5%
K.P.R. Mill Ltd. Consolidated 2021-03 24.44 579.05 +0.3%
Alok Industries Ltd. Consolidated 2021-03 0.00 22.95 +2.0%
Vardhman Textiles Ltd. Consolidated 2021-03 6.44 346.95 +2.8%
Lakshmi Machine Works Ltd. Consolidated 2021-03 2.59 8,748.95 +5.2%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Page Industries Ltd. Standalone 2021-03 2,832.96 42,431.00 +1.4%
Trident Ltd. Consolidated 2021-03 4,530.62 48.50 +1.4%
Vedant Fashions Ltd. Consolidated 2021-03 564.82 950.75 +0.5%
K.P.R. Mill Ltd. Consolidated 2021-03 3,530.15 579.05 +0.3%
Alok Industries Ltd. Consolidated 2021-03 3,885.20 22.95 +2.0%
Vardhman Textiles Ltd. Consolidated 2021-03 6,139.87 346.95 +2.8%
Lakshmi Machine Works Ltd. Consolidated 2021-03 1,727.38 8,748.95 +5.2%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Page Industries Ltd. Standalone 2021-03 340.58 42,431.00 +1.4%
Trident Ltd. Consolidated 2021-03 303.80 48.50 +1.4%
Vedant Fashions Ltd. Consolidated 2021-03 132.90 950.75 +0.5%
K.P.R. Mill Ltd. Consolidated 2021-03 515.26 579.05 +0.3%
Alok Industries Ltd. Consolidated 2021-03 -5,672.28 22.95 +2.0%
Vardhman Textiles Ltd. Consolidated 2021-03 401.84 346.95 +2.8%
Lakshmi Machine Works Ltd. Consolidated 2021-03 44.60 8,748.95 +5.2%